Electricity consumers are facing an impending tariff increase of Rs2.63 per unit due to the Fuel Charges Adjustment (FCA) for electricity usage in June 2024. […]
Category: Business
AstraZeneca raises full-year forecast despite mixed Q2 results.
Anglo-Swedish drugmaker AstraZeneca raised its full-year sales and profit forecast on Thursday, driven by strong demand for its cancer, rare disease, and heart disease medications. […]
KSE-100 Index rebounds amid political uncertainty.
The KSE-100 Index rose by approximately 1.3 percent during early trading on Tuesday, following a 2 percent loss the previous day due to escalating political […]
Mercedes-Benz Adjusts Profit Margin Forecast Amidst Intense Competition
Mercedes-Benz on Friday revised its annual profit margin forecast for its core car division, anticipating a narrower range due to heightened competition in China. The […]
Gold and silver prices experience significant drop.
On Thursday, the price of 24 karat gold witnessed a notable decrease. The price of per tola (11.66 grams) of 24 karat gold fell by […]
Mercedes-Benz lowers profit margin forecast amidst fierce competition and weak electric vehicle sales.
Mercedes-Benz has revised its annual profit margin forecast for its core car division, now expecting an adjusted return on sales of 10-11% for the year, […]
Major banks collaborate with national crime agency to combat economic crime.
Barclays, NatWest, and Lloyds are among seven banks participating in a groundbreaking initiative to combat criminal gangs, money laundering, and illicit financial activities in the […]
Oil prices see slight uptick amid persistent weak demand and middle east tensions.
Oil prices saw a slight rise on Friday but remained on track for a third consecutive week of declines due to weak demand from China […]
Vivek malek touts chinese divestment in missouri treasurer race.
As state treasurer, Vivek Malek spearheaded Missouri’s divestment from Chinese companies within its main retirement system, positioning Missouri among the first states to take such […]